Blackrock Enhanced Government Fund (Blackrock Enhanced Government Fund) Retained Earnings : $-30.08 Mil (As of Dec. 2023)

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What is Blackrock Enhanced Government Fund Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Blackrock Enhanced Government Fund's retained earnings for the quarter that ended in Dec. 2023 was $-30.08 Mil.

Blackrock Enhanced Government Fund's quarterly retained earnings declined from Dec. 2022 ($-30.46 Mil) to Jun. 2023 ($-30.63 Mil) but then increased from Jun. 2023 ($-30.63 Mil) to Dec. 2023 ($-30.08 Mil).

Blackrock Enhanced Government Fund's annual retained earnings declined from Dec. 2021 ($-21.43 Mil) to Dec. 2022 ($-30.46 Mil) but then increased from Dec. 2022 ($-30.46 Mil) to Dec. 2023 ($-30.08 Mil).

Blackrock Enhanced Government Fund Retained Earnings Historical Data

The historical data trend for Blackrock Enhanced Government Fund's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Blackrock Enhanced Government Fund Retained Earnings Chart

Blackrock Enhanced Government Fund Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-19.46

-19.68

-21.43

-30.46

-30.08

Blackrock Enhanced Government Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial								-21.43	-28.56	-30.46	-30.63	-30.08

Blackrock Enhanced Government Fund Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Blackrock Enhanced Government Fund (NYSE:EGF) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Blackrock Enhanced Government Fund (Blackrock Enhanced Government Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Enhanced Government Fund Inc (NYSE:EGF) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

http://www.blackrock.com

Blackrock Enhanced Government Fund Inc is a diversified closed-end management investment company. Its investment objective is to provide shareholders with current income and gains. The fund seeks to pursue the objectives by investing in a portfolio of U.S. Government and U.S. Agency securities and utilizing an option overwriting in an effort to enhance the fund's distribution rate and total return performance.

Executives

Arthur Philip Steinmetz	director	50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman	officer: Chief Compliance Officer	50 HUDSON YARDS, NEW YORK NY 10001
Lorenzo Flores	director	2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman	director	P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris	director	1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Scott Maclellan	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Trent Walker	officer: Chief Financial Officer	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Akiva Dickstein	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Henry Gabbay	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn	director	55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan	director	7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch	director	55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio	officer: Vice President	55 EAST 52ND STREET, NEW YORK NY 10055
Barbara Novick	director	21 PINE COURT, NEW PROVIDENCE NJ 07974
Charles Park	officer: Chief Compliance Officer	55 EAST 52ND STREET, NEW YORK NY 10055